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Shutdown fogs moment of clarity
The prospects of a prolonged government shutdown have let the fog roll back in on investors’ uncertainty over rates.
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Markets
This bull has legs
By Bob Landaas April marks the fourth anniversary of the latest bull market. Those who aren’t bullish might feel sheepish to learn that the average bull market since World War II has been a little longer than four years. But bull markets don’t die of old age. They typically die because of speculative frenzy. They typically die from a rapidly growing economy. They typically die because of surging inflation. They typically die because the Federal Reserve is raising interest rates.